Public Charity

HOPE INITIATIVE INC

HOPE INITIATIVE INC is a nonprofit organization categorized as Public Charity based in MAYFIELD, KY. Its most recent IRS filing (2024) reports revenue of $6.1M, expenses of $5.5M, total assets of $8.1M. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $1.1M.

EIN: 874331334 MAYFIELD, KY Human Service Organizations NTEE: P20 Latest filing: 2024
Total Revenue$6.1M
Total Expenses$5.5M
Total Assets$8.1M
Grant Records6
Funding Total$1.1M
Filing Years2022–2024

Mission

TO PROVIDE DISASTER RELIEF AND OTHER SUPPORT SERVICES TO RESIDENTS OF GRAVES COUNTY WHILE SPREADING THE GOSPEL OF JESUS CHRIST.

Where $100 goes at Hope Initiative Inc

How Hope Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$91 Programs the work itself
$9 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $91 for programs

$91
Houses are under construction and will be sold to residents of graves county who lost their homes during the tornado that occured on 12-10-2021
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

OFFICER Brad Morris
OFFICER Catherine Price
OFFICER Greg Hussey
TREASURER Jessica Tucker
PRESIDENT Stephen Boyken
SECRETARY Tamara Brindley

Officer compensation and complete director data available with membership.

Top Grant Purposes

Public Safety & Disaster Relief
$1,120,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $6.1M $5.5M $8.1M
2023 $5.9M $286K $7.6M
2022 $1.9M $129K $1.8M

Between 2022 and 2024, reported annual revenue grew from $1.9M to $6.1M (+222%), with total assets most recently reported at $8.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HOPE INITIATIVE INC

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